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Big plans for Egypt’s fintech space
Digital Finance Holding (DFin) has launched a new platform that will invest in fintech startups, it said in a statement…
CIB sees digital banking boom
2020 was a boom year for digital banking at CIB, which reported a 118% increase in the value of mobile…
Fawry, CI Capital, MM Group make it into EGX30
Fawry is among five companies that have made it onto Egypt’s benchmark EGX30 index after the bourse completed a rebalancing…
Sovereign Fund eyes controlling stake in e-Finance
SFE eyeing controlling stake in e-Finance ahead of its IPO? The Sovereign Fund of Egypt is reportedly in negotiations to…
2020 was a good year for Egypt’s fintech scene
Fintech flourished in Egypt in 2020 despite covid-19’s negative impact on funding, writes Citibank’s Vice President of Europe, the Middle…
e-Finance going to market in 1H?
State-owned payments platform e-Finance looks to be reviving its planned IPO, tapping auditors BDO as an independent financial consultant to…
Also on our radar on 20 January 2021
The mega-welfare project known as Egyptian Iron and Steel just doesn’ want to go down without a fight: The Egyptian…
Also on our radar on 18 January 2021
TMG purchases 21 mn sqm of land for massive new capital development: Talaat Moustafa subsidiary the Arab Company for Projects…
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